20th May 2K20
Economic Times
Ø Govt measures unlikely to stimulate demand: Crisil
Ø Rural India to spur demand due to migration
Ø Google to invest in people and partnerships in India
Ø RBI may soften restructuring norms
Ø WTO: India pushes for building infra, digital skills
Ø Warren Buffett cuts crisis-era bet on Goldman Sachs
Ø Petrochem, Chemical imports may face 15% Covid tax
Business Standard
Ø RBI refuses a dozen licences to NBFCs with investments from Mauritius
Ø Tata Steel resumes talks with Germany's Thyssenkrupp for possible merger
Ø India's account surplus to touch $20 bn in FY21 due to Covid-19: Barclays
Ø Icra revises domestic steel industry outlook to negative from stable
Ø Nestle India's business loss could be more than 30%, says MD Narayanan
Ø 40% Indian tech startups have suspended work due to coronavirus: Nasscom
Ø Moratorium to strain NBFC liquidity even further, bad debts to rise
Business Line
Ø Recovery in steel demand to be delayed on lockdown extension
Ø India resumes purchases of Malaysian palm oil
Ø EU raises restrictions on capsicum imports from India, Pakistan
Ø Tata Power posts over two-folds jump in Q4 net to Rs 475 crore
Ø Embassy REIT posts ₹462-crore Q4 operating income
Ø Apollo Tyres Q4 net profit down 7 per cent at ₹78 crore
Mint
Ø Bajaj Finance has 27% of loanbook under moratorium: MD Rajeev Jain
Ø Flipkart's limited ops negatively impacted international business: Walmart
Ø Ujjivan Small Finance Bank Q4 net rises 15% to ₹73.2 cr
Ø India’s power bailout depends on states clearing utility dues
Ø Power Grid to file draft papers for $1 bn InvIT
Ø Siemens AG sells 24% stake in Indian unit for ₹8,520 crore to group firm
Financial Express
Ø India adds 1,043 MW of wind and solar utility scale capacity in January-March: Report
Ø UP sugar industry seeks ‘preferential treatment’ for clearance of power dues
Ø IFSC bank units to report all OTC forex deals to CCIL platform from June 1: RBI
Ø NBFCs more at risk from COVID-19 than banks: Moody’s
Deccan Chronicle
Ø India will suffer worst recession since 1979: Goldman Sachs
Ø Nasdaq to tighten listing rules, restricting Chinese IPOs
Ø Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon
